Reconciliation Recommendations of the House Committee on Ways and Means

Summary

S. Con. Res. 11, the Concurrent Resolution on the Budget for fiscal year 2016, instructed several committees of the House of Representatives to recommend legislative changes that would reduce deficits over the 2016-2025 period. As part of that reconciliation process, the House Committee on Ways and Means approved legislation on September 29, 2015, that would, on net, reduce deficits over that period.

CBO and the staff of the Joint Committee on Taxation (JCT) estimate that enacting the legislation—which would repeal several provisions of the Affordable Care Act (ACA)—would reduce federal deficits by $37.1 billion over the 2016-2025 period. That total consists of $12.5 billion in on-budget savings and $24.6 billion in off-budget savings.

CBO and JCT estimate that enacting the legislation would not increase net direct spending by more than $5 billion in either of the first two consecutive 10-year periods beginning in 2026; however, the agencies are not able to determine whether enacting the legislation would increase net direct spending in the third or fourth 10-year period. The agencies estimate that enacting the legislation would increase on-budget deficits by at least $5 billion in each of the four consecutive 10-year periods beginning in 2026.

JCT has determined that subtitle A of the legislation contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA). CBO has reviewed the non-tax provision of the legislation (subtitle B) and determined that it contains no intergovernmental or private-sector mandates as defined in UMRA.